Tesla heads into 2024 Q2 earnings with TSLA down 16% YTD as investors look for a Musk-led rebound
The article focuses on Tesla’s upcoming 2024 second-quarter earnings report, noting that Q2 deliveries were a record for the quarter and that consensus forecasts call for sharp year-over-year gains in revenue and EPS. It adds that expectations are muted and TSLA shares are down 16% year to date. The author argues the report could beat estimates and, if Elon Musk strikes an upbeat tone on the earnings call, could trigger a short-term rally. Alphabet, Netflix, Microsoft, Apple and SpaceX are mentioned only as “Magnificent Seven” or related context, without additional earnings details or catalysts.